May 20, 2013 - On Monday, we all learned that you can drop out of high school and in less than a decade become a multimillionaire. If you’re a tech genius with a product teenagers and college students can’t live without, that is.
Yahoo spent $1.1 billion of its cash to acquire social media service Tumblr for $1.1 billion cash. Tumblr is one of the Web’s most trafficked sites for user-generated content, drawing people who use the platform to post pictures and text. Sound familiar?